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Europe Daily Bulletin No. 10500

23 November 2011
GENERAL NEWS / (ae) ep/finance
“Group of the Wise” on dividing up banks

Brussels, 22/11/2011 (Agence Europe) - On Tuesday 22 November, EU Internal Market Commissioner Michel Barnier announced the setting up of a 'Group of the Wise' in the near future to look at the dividing up of banks, telling the European Parliament's economic and monetary affairs committee that a very high-ranking group would be examining bank structures and the dividing up of banks, comparing it with the Larosière Group on financial supervision. He said the banking group would issue its...

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